Blockchain Technology News

ShelterZoom, the inventor of Contract of ThingsTM (CoTTM), the next milestone in the evolution of contracts, today announced its expansion into the Asia-Pacific market by adding several new regional talents to its team and setting the stage for a Melbourne, Australia, office opening in Q1 2020. This will be closely followed by a second Asia-Pacific office opening in China.

Ho Chi Minh City will develop a blockchain-oriented regulatory framework for the development of smart cities.

Smartphone developer HTC plans to provide support for Binance Chain with a new special edition version of its blockchain mobile.

China's State Administration of Foreign Exchange (SAFE) has expanded its pilot cross-border financing blockchain platform to cover 19 provinces and cities, up from nine, a move that experts said will help China to leverage blockchain technology to provide better cross-border financial services with higher transaction security and lower costs.

At a dinner event Friday evening hosted by HerdX, with the support of the US Embassy in Japan, HerdX and UPS celebrated the announcement of a global logistics partnership at a historic dinner event featuring blockchain verified beef from the United States to Japan.

Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade.

Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery storage to a Virtual Power Plant for greater control and management over their energy.

Blockchain platform Apollo foundation has announced that it has signed an MOU with Lesotho to develop and integrate blockchain technology within different parastatals of government. The MOU which was signed by Lesotho Ministry of Communications is the first of its kind in the Southern African nation.

Bitcoin Cash (BCH) has stopped at a 32 MB block size, as for now the idea of variable block size is too complex. BCH ABC developer Amaury Secher, or “deadalnix”, has explained the challenge in a recent Reddit thread.

The Republic of Azerbaijan is planning to complete a project of blockchain-based digital identification system by the end of 2019. Farid Osmanov, director of the information technology department at the Central Bank of Azerbaijan (CBA), says that the new system will be adopted in the first quarter of 2020, local news agency Trend News reported on Nov. 6.

Samsung Electronics has announced the launch of its much-anticipated blockchain software development kit (SDK), aimed at making it easier for developers of decentralized applications (dApps) to create blockchain solutions for its Galaxy smartphones, according to a BusinessKorea report on November 5, 2019.

South Korean crypto startup Bithumb is launching an “exchange-as-a-service” platform based on its new blockchain.

Tradewind Markets, a blockchain-powered gold trading platform backed by stock trading firm IEX, has developed and launched a system for stablecoin issuers on its platform to track the provenance of their precious metals.

Blockchain as a solution for supply chains is the next big thing for Coca-Cola bottling companies. The usage of distributed ledger and cryptography solutions for supply chain logistics has been one of the hottest use cases for the technology.

Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, according to the Shenzhen Tax Service, as reported by English-language local news outlet Xinhuanet on Nov. 1.

Telegram, the messaging app company turned blockchain startup, has released an early desktop wallet for its “gram” token.

Revealing the news exclusively to The Block on Thursday, Elrond said Samsung has added support for the ERD token into its blockchain ecosystem in a “mutually beneficial” partnership.

Singapore-based blockchain firm Zilliqa launches blockchain workshops in collaboration with Oxford University to encourage diversity in the industry.

Dynamically changing legal situations, language discrepancies, challenges with implementation and application of solutions to verify both identities and authorise transactions have been for years at the core of difficulties to provide financial solutions for newcomers. However complicated the initial compliance challenges might appeal, nature abhors a vacuum to fill this niche market.

Tron will be integrated into the software development kit (SDK) of the Samsung Blockchain Keystore, which helps users manage private keys. The SDK allows coders build with the Tron network by giving them direct access to the blockchain via Samsung devices.